greenfields
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Using a new model, the federal agency said deepwater operations will drive the region's production to 1.9 million B/D next year.
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The field represents the offshore industry's proving ground for "20K-rated" technologies needed to unlock other high-pressure reservoirs.
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The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.
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This paper details how the reservoir modeling workflow can be accelerated, and uncertainty reduced, even for challenging greenfield prospects by constructing multiple small fit-for-purpose integrated adaptive models.
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Chevron recently revealed new details about its first-of-a-kind deepwater development in the Gulf of Mexico. We’ve picked some of the most interesting to share with you here.
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The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
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The national oil company credits lean operating practices and AI for making the three-well, 45,000 B/D project economically viable.
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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
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Suriname's wait to become a significant oil producer may be nearing an end as the French supermajor begins early development studies.
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Uganda is on course to become the newest African oil exporter by 2025.
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